All the headlines from our Errors Omissions Topic Page, ordered by recency.
Nov 2 2015 // Fewer independent agencies are facing increased premiums for their agency errors and omissions (E&O) coverage and some experts say that is one reason they should consider upping coverage limits at their next...
Nov 2 2015 // Doctors and lawyers are taking up more space in the surplus lines professional liability (PL) markets, with growth and consolidation in the healthcare industry and real estate concerns among the legal field fostering...
Oct 19 2015 // Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy commercial lines agencies definitely generate their share of E&O...
Oct 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has launched two policies providing cyber liability and breach response coverage with risk management resources, the Professional First Network Security & Privacy Policy...
Oct 6 2015 // Allied World North America has introduced an updated policy for insurance agents and brokers with expanded definitions and coverage.According to Al Fantuzzi, senior vice president of the North American E&O Division at...
Oct 5 2015 // Surplus lines insurer General Star announced it is combining its contract Property/Casualty and Errors & Omissions divisions into a new delegated business division under the leadership of Matt Brown. The new division...
Aug 17 2015 // The phrase “you can’t judge a book by its cover” dates back to the mid-1800s. While that may ring true for the literary world, the opposite is true when it comes to an organization’s errors and...
Aug 17 2015 // Fellow agents, Insurance Journal readers, experts, educators, marketing professionals, along with Theodore Roosevelt, Steve Jobs, Zig Ziglar, CNBC’s Kelly Evans, Harvard Business Review and Fortune magazine have been...
Aug 7 2015 // Allied World North America has introduced an enhanced professional risk-transfer organization (PRO) professional liability product. The product offers greater flexibility and a more responsive design, enabling clients to...
Aug 3 2015 // Once upon a time a doctor on Main Street USA made the same diagnosis and prescribed the same solution for every patient. This was a long time before WebMD or even Marcus Welby, MD. Patients had to weigh their two options...
Jul 29 2015 // Berkshire Hathaway Specialty Insurance (BHSI) today launched Professional First Bankers Professional Liability Insurance in the U.S., adding to its executive and professional liability products for financial...
Jul 6 2015 // Typically, there’s not much warning when a disaster strikes. No one knows the “when,” “where” and “how severe” of the next big weather event. Yet catastrophes include more than...
Jul 6 2015 // This is the age of big data. The concept is to collect all kinds of data and then use various statistical techniques, usually some sophisticated form of regression analysis, to identify correlations between the data,...
Jun 24 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and...
Jun 18 2015 // Insurance broker Willis North America announced a series of senior appointments to its FINEX (financial and executive risk) Cyber/Errors and Omissions practice.Adeola Adele has been appointed executive vice president and...
May 4 2015 // The Norman-Spencer Agency, Inc. has made several enhancements to its Real Estate E&O program as well as added states where it is available.Enhancements include new policy features that provide discrimination defense...
May 4 2015 // Did you ever see the movie about the famous ballplayer that did not follow the playbook? How by doing whatever he wanted regardless of the play called, he succeeded and all his teammates were happy? What an inspiring story...
May 4 2015 // Although most agencies insure at least one restaurant or tavern, this shouldn’t suggest that they are easy accounts to write. Errors and omissions (E&O) carriers will readily admit that writing this class of...
Apr 16 2015 // Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the remainder of 2015.But...
Apr 6 2015 // Education of your agency’s clients will likely happen at one point or another. Ideally, it will happen proactively through a series of account reviews, newsletters and other learning opportunities. The other option...